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BFCH (BitFrontier Capital Holdings) Beta : 1.32 (As of Sep. 25, 2024)


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What is BitFrontier Capital Holdings Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-09-25), BitFrontier Capital Holdings's Beta is 1.32.


BitFrontier Capital Holdings Beta Historical Data

The historical data trend for BitFrontier Capital Holdings's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BitFrontier Capital Holdings Beta Chart

BitFrontier Capital Holdings Annual Data
Trend Nov06 Nov07 Dec08 Dec09
Beta
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BitFrontier Capital Holdings Quarterly Data
Aug06 Nov06 Feb07 May07 Aug07 Nov07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of BitFrontier Capital Holdings's Beta

For the Capital Markets subindustry, BitFrontier Capital Holdings's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BitFrontier Capital Holdings's Beta Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitFrontier Capital Holdings's Beta distribution charts can be found below:

* The bar in red indicates where BitFrontier Capital Holdings's Beta falls into.



BitFrontier Capital Holdings Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


BitFrontier Capital Holdings  (OTCPK:BFCH) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


BitFrontier Capital Holdings Beta Related Terms

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BitFrontier Capital Holdings Business Description

Traded in Other Exchanges
N/A
Address
5753 Highway 85 North No. 6065, Crestview, FL, USA, 32536
BitFrontier Capital Holdings Inc company's business plan is cryptocurrency-related ventures which include continuing to be a trusted reseller of mining equipment direct to consumers and expanding the portfolio with liquid immersion miner hosting at facilities across the United States.